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Forex reserves up at $ 43.18 billion

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December 10, 2005 13:45 IST

India's forex reserves increased by $921 million to stand at $143.098 billion during the week ended December 2 against $142.18 billion during the preceding week.

The reserves declined by $4 million during the preceding week ended November 25 compared to a week ago.

Foreign currency assets increased by $936 million at $136.94 billion during the seven-day period ended December 2, according to figures released by the Reserve Bank of India.

Foreign currency assets in dollars include the effect of revaluation of non-US currencies such as euro, sterling and Yen held in reserves.

Reserve position in the IMF declined by $76 million at $1.23 billion. Gold reserves increases by $61 million to stand at $4.92 billion so did SDRs at $4 million.

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